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To: StockDung who wrote (665)	2/10/2003 6:03:37 PM
From: rrufff	Read Replies (2) of 838

Look I can find old information on Teoma.com too. cybersecuritieslaw.com November 2, 1999 Will SEC Show Any Interest in TheTruthSeeker.com? A 42-year old mortgage bank executive in New Jersey who operates a Web site reportedly intended to identify stocks that the publisher of the site deems hyped or overvalued may have received more publicity than he bargained for. On November 2 the Wall Street Journal Interactive Edition reported that the owner of the site, Floyd Schneider, publishes "The Truthseeker Report" at truthseeker.com and that 300 people pay for the report at a cost of US$9.95 per month. According to the article, by Aaron Elstein, "ecause of the surge of interest in his postings and stock recommendations [on message boards including those at Silicon Investor], he decided to publish the online newsletter featuring his stock research." The article also states: "Mr. Schneider isn't registered as an investment advisor with any regulator. However, the U.S. Securities and Exchange Commission requires people who are compensated for recommending securities to more than 15 people to register with the agency. Mr. Schneider says he's never been paid to do research by anyone and the amount he collects from selling his newsletter doesn't cover his costs to prepare and distribute it. A spokesman for the SEC declined to comment on Mr. Schneider's activities."

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